Daily Crypto NewsEDITION #366, 08 December 2021

Crypto Intelligence Agency

Hey Moni Maker 🧳

Today, in 1955, the flag of the European Union was approved. If you think about it, NFTs and avatars are just an extension of the human desire to stand out, to be unique. Every country or association has its flag, just as many crypto fans have their NFT on their avatar. But the flag doesn't cost millions of dollars...

So what? Digest keeps the trend going and flies in with the news. Let's go!

During the Wall Street Journal's CEO Summit yesterday, Central Intelligence Agency Director William Burns admitted that the CIA has multiple projects to keep track of cryptocurrencies.

Responding to a question about whether the intelligence agency was able to constrain ransomware attacks emanating from abroad, Burns said his predecessor "had set in motion a number of different projects focused on cryptocurrency and trying to look at second- and third-order consequences as well and helping with our colleagues in other parts of the U.S. government to provide solid intelligence on what we're seeing."

So what?

This bro is speaking about ransomware. Ok, we hope one day the CIA will buy a CryptoPunk jpeg and set it as a profile pic on Twitter. 

Press: Adidas will meet Coinbase? Binance wants play-to-earn. Top OS collection! Digest is an aesthete!

Read the digest!

Craig Wright, who claims he is Bitcoin inventor Satoshi Nakamoto, is off the hook for a multibillion-dollar payment to the estate of computer scientist Dave Kleiman, which argued that the men created Bitcoin together. 

But Wright will still have to pay $100 million to the company he and Kleiman founded after a federal jury in Florida found the nChain chief scientist liable for conversion, defined as when "one converts another's property to his/her own use,” and which Law.com describes as “a fancy way of staying 'steals.'"

Hey guys, while the market is recovering, it's worth thinking about the future. And in the end, we have a bull run and a $100k bitcoin. Maybe. 

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Bear Market — is the time when the crypto market is in stagnation or even falls. Antonym — bull market (or bullrun).

And more you can find in our Glossary!

And you...buy Bitcoin! (it's a good time!)